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Chinese Railways : Reform and Efficiency Improvement Opportunities - Katrin Luger

Chinese Railways

Reform and Efficiency Improvement Opportunities

By: Katrin Luger

eText | 14 March 2008

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Although being huge by any measure, Chinese Railways are a bottleneck for economic growth in China. The state-owned enterprise returns a small profit but is severely capacity constrained and burdened with inefficiency. A comprehensive reform and efficiency improvement program needs to be developed in order to enable Chinese Railways to support further GDP growth in China. Application of industrial economics to the case of Chinese Railways suggests that moderate deregulation of e.g., the freight business could make Chinese Railways fit for future growth. Operational improvements need to complement this development, such as a redesign of the schedule or the introduction of value added services in the freight business. Based on interviews with Chinese experts, benchmarking with railways in the US, Germany, Russia, and Japan as well as broad coverage of Chinese-language sources, the book makes detailed recommendations on how to design a comprehensive turnaround program for Chinese Railways.
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Non-FictionEconomicsDevelopment Economics & Emerging EconomiesBusiness & ManagementManagement & Management TechniquesManagement of Specific AreasProduction of Quality Control ManagementEngineering & TechnologyTransport Technology & TradesAutomotive Technology & TradesTransportationTrains & Railways in General

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Published: 19th October 2010

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